SOFAR Showcases Its Latest Offering For Polish Market At ENEX Updated On Fri, Feb 9th, 2024 by Saurenergy SOFAR, a global Photovoltaic (PV) and energy storage system, ESS solutions provider showcased its latest innovations in renewable residential, Commercial and Industrial (C&I) and utility segments at ENEX an association of the commercial TV broadcasters, to further expand the company’s influence in the Polish market. In Poland, the growth of energy storage remains prominent in […] Read more
Gensol Group Inducts Ravindra Goyal as Group Chief Procurement Officer Updated On Thu, Feb 8th, 2024 by Saurenergy Ahmedabad-based solar project firm Gensol Group today announced the appointment of Ravindra Goyal as the Group Chief Procurement Officer. Goyal will head the group’s Supply Chain Management (SCM), encompassing all entities in the clean energy and electric mobility domains. He will work closely with the entity-level leadership team to build capability for bulk & efficient […] Read more
ONGC, NTPC Green Energy In Tie-Up For Offshore Wind Updated On Thu, Feb 8th, 2024 by Saurenergy Oil and Natural Gas Corporation (ONGC) and National Thermal Power Corporation Green Energy Limited (NGEL) have signed a Joint Venture Agreement (JVA) to focus on offshore wind energy projects. The development was widely expected considering the push into offshore wind, and ONGC’s own experience with the domain relatively among energy majors. The agreement was signed […] Read more
Stanford Study Develops Battery-Hydrogen Combo For Reliable Grids Updated On Wed, Feb 7th, 2024 by Saurenergy A recent study by Stanford University demonstrated that combining battery storage with hydrogen fuel cells can ensure low-cost reliability. In the study Stanford engineering professor Mark Z. Jacobson, he used a computer modelling system to bust the myth, he said, “The fossil fuels – rather than a combination of renewables, battery storage, and hydrogen fuel […] Read more
EU Finalizes Net-Zero Industry Act, Boosts Green Technology Deployment Updated On Wed, Feb 7th, 2024 by Saurenergy The Council and the European Parliament recently reached a provisional deal on the regulation establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem, better known as the ‘Net-Zero Industry Act’ (NZIA). Under the agreement, there will be a single list of net-zero technologies, with criteria for selecting strategic projects in those […] Read more
Omega Seiki, Attero Partner For Recycling 100 Mwh Of Battery In 4 Years Updated On Tue, Feb 6th, 2024 by Saurenergy EV player Omega Seiki Private Limited (OSPL) and Attero, a distinguished leader in e-waste management and lithium-ion battery recycling, have signed an MoU that marks a significant leap for the electric vehicle sector and lithium-ion battery recycling. The players have called it a landmark move for both the electric vehicle (EV) sector and e-waste management. […] Read more
Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion Updated On Tue, Feb 6th, 2024 by Saurenergy Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […] Read more
BrightNight Rings In Leadership Changes For 37 GW Project Portfolio Updated On Tue, Feb 6th, 2024 by Saurenergy BrightNight, a global renewable power independent power producer (IPP) built to deliver clean and dispatchable solutions, recently announced the addition of two senior leaders to support the buildout of its 37 GW global portfolio in the areas of Asset Management (A&M), Operations & Maintenance (O&M) and Construction: Jeff Gibbons joins as Senior Vice President of […] Read more
Brookfield Looks To Partially Sell-Off 1.6-GW Renewable Portfolio Updated On Fri, Feb 2nd, 2024 by Saurenergy Canadian investment firm Brookfield Asset Management is seeking to partially capitalize on its clean energy assets. Brookfield boasts a collective capacity of approximately 1.6 GW and hold an enterprise value ranging between Rs 9,000 and 10,000 crore (equivalent to $1-1.2 billion), as per the company. To facilitate this partial monetization, investment bank JP Morgan has […] Read more